Sitio Royalties Corp. (STR)
NYSE: STR · IEX Real-Time Price · USD
24.32
+0.59 (2.49%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Sitio Royalties Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Sitio Royalties stock have an average target of 29.4, with a low estimate of 27 and a high estimate of 32. The average target predicts an increase of 20.89% from the current stock price of 24.32.
Analyst Consensus: Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for STR stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $26 → $27 | Sell | Maintains | $26 → $27 | +11.02% | May 9, 2024 |
| Keybanc | Keybanc | Buy Maintains $27 → $29 | Buy | Maintains | $27 → $29 | +19.24% | Apr 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $27 → $28 | Buy | Maintains | $27 → $28 | +15.13% | Apr 19, 2024 |
| Barclays | Barclays | Sell Initiates $26 | Sell | Initiates | $26 | +6.91% | Apr 10, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $29 → $32 | Strong Buy | Maintains | $29 → $32 | +31.58% | Apr 5, 2024 |
Financial Forecast
Revenue This Year
671.80M
from 593.36M
Increased by 13.22%
Revenue Next Year
537.61M
from 671.80M
Decreased by -19.97%
EPS This Year
0.80
from -0.20
EPS Next Year
2.46
from 0.80
Increased by 207.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 664.7M | 717.2M | 745.5M |
| Avg | 537.6M | 680.6M | 709.5M |
| Low | 461.7M | 651.4M | 681.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.0% | 33.4% | 9.5% |
| Avg | -9.4% | 26.6% | 4.3% |
| Low | -22.2% | 21.2% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.40 | 0.93 | 1.27 |
| Avg | 2.46 | 0.70 | 1.14 |
| Low | 1.53 | 0.44 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -62.1% | 81.4% |
| Avg | - | -71.6% | 62.3% |
| Low | - | -82.1% | 45.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.